The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry

Overcapacity: How low can module prices go?
20 Sep 2016 at 2:09pm
The FUD (fear, uncertainty and doubt) over the solar industry entering it second major overcapacity cycle is being replaced by a focus on how much overcapacity verses end market demand exists, especially in 2017 and therefore how low will PV module ASP’s go?

India’s NTPC invites bids for 250MW solar capacity in Karnataka, lists US$300m green bonds on SGX
30 Sep 2016 at 11:10am
India’s largest utility NTPC has invited bids for the development of 250MW of solar capacity in the Pavagada Solar Park in Karnataka.

Recurrent Energy completes 60MW PV project in California
30 Sep 2016 at 1:15am
Canadian Solar subsidiary Recurrent Energy announced that its 60MW Barren Ridge PV project in California has reached commercial operation.

Canadian Solar’s 1500 volt modules in planned 46MW of power plants in Australia
29 Sep 2016 at 4:37pm
‘Silicon Module Super League’ (SMSL) member Canadian Solar said that its recently launched 72-cell 1500V multicrystalline modules would be deployed at two planned PV power plants in Australia with a cumulative capacity of 47MWp.

KACO’s blueplanet TL3 bi-directional battery inverter works for grid stability and peak shaving
29 Sep 2016 at 3:59pm
KACO new energy is launching the blueplanet gridsave 1000 TL3: a storage solution in the megawatt-class. The unit assists utility companies, distribution grid operators, EPCs and large companies to balance energy generation and consumption on the power grid.

China’s NEA proposes significant solar feed-in tariff cuts for 2017
29 Sep 2016 at 1:32pm
China’s National Energy Administration (NEA) has published a draft version of proposed feed-in tariff (FiT) levels for ground mount and distributed generation PV power plants for 2017 that could lead to significant cuts to both sectors and overall curtailment of installations.

SPI Energy conducting US$100 million private placement of new shares
29 Sep 2016 at 12:56pm
China-based PV project developer and EPC firm SPI Energy is planning a US$100 million private placement of new shares to continue with global PV project activities.

EDF Renewable Services takes over O&M responsibilities on 200MW of US PV power plants
29 Sep 2016 at 12:18pm
EDF Renewable Services (EDF RS) is in the process of taking over the operations and maintenance (O&M) responsibilities for 206 solar projects spanning across 13 states from New Jersey to Hawaii that total around 200MW.

Understanding the solar inverter market in India
29 Sep 2016 at 10:36am
Globally, the top 10 inverter suppliers accounted for around 75% of shipments in 2015. In India, the market is even more concentrated as the top 10 suppliers accounted for over 85% of shipments. Despite this, there is intense price competition and churning in supplier landscape. Bridge to India's Jasmeet Khurana investigates.

Meyer Burger streamlining business with 16% workforce reduction
29 Sep 2016 at 10:33am
Leading PV manufacturing equipment supplier Meyer Burger Technology announced a major restructuring plan to become more flexible to market dynamics by lowering its operating cost base by CHF 50 million per annum and reducing its workforce by around 16% by the end of 2016.

Canadian Solar nets ARENA funding for 47MW PV projects in Australia
29 Sep 2016 at 1:30am
Solar power company Canadian Solar announced Wednesday that it has received US$3.5 million in funding from the Australian Renewable Energy Agency (ARENA) for two PV projects totaling 47MW in Australia.

SolarCity to finance over US$347 million in PV projects for homeowners, small businesses
29 Sep 2016 at 1:15am
SolarCity announced Wednesday that it has agreed to a partnership with Citi to create two separate funds that will finance more than US$347 million in solar projects.

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Canadian Solar subsidiary reaches commercial operation of 78 MW Barren Ridge PV project in California
30 Sep 2016 at 7:39am
Canadian Solar Inc. (Guelph, Ontario) on September 29th, 2016 announced commercial operation of the 60 MWac/78 MWp Barren Ridge solar photovoltaic (PV) project developed by the Company's wholly owned subsidiary Recurrent Energy. The Barren Ridge solar project, also known as the RE Cinco project, supplies solar power and associated renewable energy credits (RECs) to the Los Angeles Department of Water and Power (LADWP) under a long-term power purchase agreement (PPA).

PSEG dedicates Colorado's newest PV project: 36 MW Rawhide Flats solar center
30 Sep 2016 at 7:30am
PSEG Solar Source, Colorado, PV project, Rawhide Flats solar center, Platte River Power Authority, juwi, solar photovoltaic facility, Fort Collins

Clenergy joins Powerful Blueplanet solar PV business collaboration in Thailand
30 Sep 2016 at 7:22am
Solar PV mounting solution provider Clenergy (Xiamen, China) announced that it has joined the Powerful Blueplanet business collaboration project launched by PEA Encom and Fah Chai Engineering (FCE) in Thailand. The project aims to develop Thailand’s solar potential and to provide innovative and reliable solar solutions for the Thai market.

China considers significant solar PV FIT cuts for 2017
29 Sep 2016 at 2:26pm
China’s National Energy Administration (NEA) is aiming at significantly reducing FIT levels possibly effective 2017. Still “unofficial and only a draft version”, relevant information were disseminated via various Chinese media on September 29th, 2016. The draft stipulates FIT levels for ground-mounted solar PV plants to be reduced from RMB 0.80 to 0.55 (USD 0.12 to 0.08, minus 37%) in region 1 (western provinces); RMB 0.65 instead of RMB 0.88 (USD 0.10 instead of USD 0.13, minus 25%) in region 2 (Beijing, Tianjin and certain districts in Qinghai, Xinjiang and Gansu); and a reduction from RMB 0.98 to 0.75 (USD 0.15 to 0.11, minus 23%) in Region 3 (eastern China).

Danvest Energy introduces compact hybrid system for solar–diesel micro-grids
29 Sep 2016 at 2:24pm
Danvest Energy A/S (Tuborg, Denmark) and Pon Power are launching a low-load compact series for solar photovoltaic (PV)/diesel hybrid power plants. According to the producer, this Compact series offers power producers a complete, cost-effective solution that automatically integrates photovoltaic (PV) systems with diesel power.

NREL report shows U.S. solar PV costs continuing to fall in 2016
29 Sep 2016 at 12:50pm
The modeled costs to install solar photovoltaic (PV) systems continued to decline in the first quarter of 2016 in the U.S. residential, commercial, and utility-scale sectors, according to updated benchmarks from the Energy Department's National Renewable Energy Laboratory (NREL). According to NREL, driving the cost reductions were lower PV module and inverter prices, increased competition, lower installer and developer overheads, improved labor productivity, and optimized system configurations.

Meyer Burger launches restructuring programme, will lay-off about 250 employees
29 Sep 2016 at 12:41pm
Meyer Burger Technology Ltd (Thun, Switzerland) on September 28th, 2016 announced that it has initiated a company-wide structural programme. The objective of the programme is to extensively strengthen the company’s strategic technology units focussed on high-end photovoltaic user markets and to increase its flexibility in the often challenging high-end key markets, reads the press release.

JA Solar withdraws from EU price undertaking, will serve the European PV market through its manufacturing facilities outside of China
29 Sep 2016 at 8:23am
JA Solar Holdings Co., Ltd. (Beijing, China) on September 28th, 2016 announced its decision to withdraw from the European Union’s price undertaking for solar photovoltaic (PV) products. The Company will now serve the European market through its manufacturing facilities outside of China.

SolarCity creates funds to finance over USD 347 million in solar PV projects for homeowners and small businesses
29 Sep 2016 at 8:16am
SolarCity Corp. (San Mateo, CA, U.S.) on September 28th, 2016 announced that it has partnered with Citi bank (Sioux Falls, South Dakota, U.S.) to create two separate funds to finance more than USD 347 million in solar PV projects. The first fund is expected to finance more than USD 284 million in residential solar photovoltaic (PV) projects across the U.S. The second fund is expected to finance approximately USD 63 million in projects for small and medium-sized businesses (SMB) throughout California.

SPI Energy announces USD 100 million in private placement
29 Sep 2016 at 8:10am
SPI Energy Co., Ltd. (Shanghai, China), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, on September 28th, 2016 announced the entry into of purchase agreements with certain existing shareholders (including certain key management personnel of the Company) and other investors to issue and sell ordinary shares of the Company to the purchasers at a price of USD 0.259 per Share for a total consideration of approximately USD 100 million (Private Placement).

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